Dow Mini Sep Contract Divergence

M

myminitrading

I am suspect of this rally, even tough I bought the dips all week because thats what the market was offering, it seems weak. Monday and Friday accounted for 90% of the gains this week and 1/3 of the gains on these days came from the overnight session.

My charts were showing divergence since monday, and are still diverging.

I will contiune to buy dips until we break down.
 

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Divergence? Is it how larger-caps have outperformed smaller-cap stocks during the past few weaks? That's usually a sign of a healthier bull market. You want the "generals" to lead the way higher, not the "soldiers". We'll see what happens. Be careful during September and October!
 
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